Matic

Cryptocurrencies in comparison: Bitcoin vs. Polygon

Bitcoin, the best-known and first decentralized cryptocurrency, paved the way for a variety of other digital currencies based on blockchain technology. One such currency that is attracting more and more attention lately is Polygon. However, Bitcoin is still the largest and most important cryptocurrency for a reason. So, can Polygon take on the crypto giant? The most important facts about Bitcoin Bitcoin is a decentralized digital currency invented in 2009 by an unknown person named Satoshi Nakamoto. It enables peer-to-peer transactions without a central intermediary. Blockchain technology serves as a public ledger that tracks transactions. Bitcoin

BingX Introduces Zero Fee For Spot Trading

SINGAPORE - Media OutReach - 8 September 2022 - BingX, the leading social trading crypto exchange, is proud to announce that it has eliminated fees on spot trading. All maker, taker, and grid robot transactions in spot trading will enjoy the benefit of zero transaction fees. Zero-fee trading took effect from Wednesday, Sep 7, 2022, at 2 pm (UTC +8), applicable across all spot trading volumes, and is subject to further notice. It facilitates traders to align their positions with popular coins like BTC, ETH, MATIC, PSG, ADA, SHIB, LUNC, OP, STG,

MATIC, Solana, BAT Price Analysis: 02 September

Bitcoin’s foray above $50k impacted the altcoin industry positively. Altcoins such as MATIC and Solana kicked off recent rallies. Amidst MATIC’s scalability news, institutional investments hiked pushing the coin up by 8.8%. Solana eyed revisiting its all-time high of $125.95 with a 7% appreciation over the last 24 hours. Finally, BAT retested its one-week high in 8 days after hiking by 4.6%.  MATIC MATIC/USD, TradingView MATIC surged by 8.8% over the last 24 hours and was trading at $1.51. The crypto touched this price level for the second time in

L2 Labs explores L2.Cash Protocol to bring Zk-Proofs to payment tools

L2 Labs Foundation, the high-profile software engineering team behind flagship Ethereum-based decentralized exchanges (DEXes), solidifies its stance as a prominent scaling infrastructure provider. Now it intensifies the research and development efforts addressing the one-stop payment solution for businesses and individuals. L2 Labs Foundation develops payment protocol powered by zk-proofs: What is L2.Cash? Seasoned blockchain developers from L2 Labs have shared the details of their new product, L2.Cash. It is going to allow decentralized applications and end-users to harness leading L2 scaling techniques of the Ethereum (ETH) universe, zk-proofs. The new

Ethereum Competitor Solana Hits All-Time High As Market Continues to Rise

Having briefly entered the top ten cryptocurrencies by market capitalization earlier this week, Solana has set new all-time highs over the last few days, including today. The SOL token briefly set an ATH of $78.63 in the early hours of this morning UTC, according to crypto data aggregator Nomics. Solana’s price has since retreated a little. It currently sits at $78.17, though this still represents an overnight increase of 8.91%. Solana’s price was under $40 at the beginning of last week, so in the last fortnight SOL has blown up by

MATIC Rallies Considerably and Breaks Out Above Resistance

Polygon (MATIC) has broken out from a descending resistance line and is attempting to clear the $1.42 horizontal resistance area.Sponsored Sponsored While technical indicators are bullish, the token has to reclaim this level in order for the trend to be considered bullish. MATIC breaks out MATIC had been following a descending resistance line since May 18. However, it bounced on July 20 and managed to break out from the line the next day. Sponsored Sponsored So far, it has reached a high of $1.388, doing so on Aug. 11. The high

NuGenesis Network Full Review (Part 2)

The blockchain ecosystem, that is taking the world of technology by stormWe are living in a world of rapid change and innovation. Everything around us is changing at an exponential rate and it is shifting the world from one idea to another, not simply to engage and impress people, but to encourage them to have fun, earn a good livelihood, build wealth and secure a stable financial future.Also Read: A Comprehensive Review of the NuGenesis Network (Part 1 of 6)Since 2009, a spotlight has been shone on a new technology

Bitcoin & Ethereum: which asset will cross this benchmark first in the next 2 weeks

Bitcoin and Ethereum both tested their initial targets of $40,000 and $2400 over the past day, after consistently rallying over the last week. The market sentiment is currently improving for both assets. While Bitcoin has been the driving force for the majority of the bull markets, smaller altcoins have rallied behind Ether’s bullish period as well. In 2021 itself, Bitcoin reached its all-time high during April 15th-20th, reaching a valuation of $64,000. Other assets followed suit, but when Ethereum touched its ATH of $4375 during the 1st of May, assets

Defi Is Coming to Qtum as Ethereum Rival Launches $1M Defi Dev Fund

Blockchain smart contract network Qtum has become the latest ecosystem to woo Ethereum developers. Unlike many of its rivals, however, Qtum can boast compatibility with Ethereum’s EVM, meaning developers can port projects directly over. On August 17, the Qtum Foundation announced a $1 million DeFi development fund that will be allocated to solo devs and teams seeking to create scalable DeFi dApps. Qtum is not the first blockchain platform to lay down the red carpet to DeFi devs; Matic Network recently issued a similar call, with a generous grant program